Confirmation of rating by S&P, following Fitch and Moody's, sends positive signals to markets (FinMin Nazare)

Romania's credit rating was confirmed by S&P, following similar affirmations from Fitch and Moody's, positively impacting government bond yields. Interim Finance Minister Alexandru Nazare noted a decrease in yields by 10-20 basis points, indicating increased investor confidence. The Ministry of Finance successfully auctioned bonds, reflecting strong demand and lower financing costs. However, Nazare cautioned that the outlook remains negative, emphasizing the need for continued fiscal adjustments. He highlighted the growth of local investor participation in government securities and the importance of developing a stable domestic market to enhance financial security.